BlackBerry(NYSE:BB) stock rose by 10.88% on Thursday after the company reported its Q2 earnings results on Wednesday, September 22, 2021 at 05:00 PM.
Here's what investors need to know about the announcement.
BlackBerry beat their estimated earnings by 14.29%, which surprised analysts.
Revenue was up $91,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 4.42% drop in the share price the next day.
Here's a look at BlackBerry's past performance and the resulting price change:
|Quarter||Q2 2022||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
|Price Change %||10.88%||-4.42%||-9.74%||-15.86%||0.42%|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
BlackBerry earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.